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High_Profits

11/06/12 3:05 PM

#17413 RE: TheFinalCD #17397

from STEVE KIM LAW up to $600 Million Award

Vringo won every claim, unanimously. The immediate reaction to this may be that Vringo did not come out too well, but to me, the real story is that the 3.5% running royalty is the Major issue, whereas the past damages amount really is the red haired stepchild issue. Honestly, if the running royalty is worth $500M approximately, then the difference is between $530M total, and $600M total. And the key is that the win: (1) validates Vringo's ability to punch the bully in the mouth and walk away; and (2) handle future lawsuits. Congratulations, Vringo longs. You hung in there and won pretty big.


Read more: http://vringo.freeforums.net/index.cgi?action=display&board=general&thread=275&page=1#2083#ixzz2BTUqd7Mp